Feb 22, 2023
PETRONAS and Exxon sign CCS project development deals
Oil and Gas News
Feb 21, 2023
Other
Shell Petroleum, a wholly owned subsidiary of Shell plc, has completed the acquisition of 100% of the shares of Nature Energy Biogas.
Shell has acquired the largest producer of renewable natural gas (RNG) in Europe, its portfolio of operating plants, associated feedstock supply and infrastructure, its pipeline of growth projects and its in-house expertise in the design,... [Read More]
Oil and Gas News
Feb 17, 2023
Pipelines
Shell Offshore has announced that production has started at the Shell-operated Vito floating production facility in the US Gulf of Mexico.
With an estimated peak production of 100,000 barrels of oil equivalent per day, Vito is the company’s first deep-water platform in the Gulf to employ a simplified, cost-efficient host design.
“Vito is an excellent example of... [Read More]
Oil and Gas News
Feb 15, 2023
Pipelines
Neste's Engineering Solutions has completed the construction work of the 2.2 km long gas transmission pipeline.
This runs from the port of the liquefied natural gas (LNG) floating terminal vessel in Inkoo Finland deep harbour area to answer the needs of our long-term partner Gasgrid Finland. Gasgrid Finland has implemented the floating storage and regasification unit... [Read More]
Oil and Gas News
Feb 15, 2023
Pipelines
Topsoe and ExxonMobil have signed an agreement under which Topsoe will deliver its industry leading hydrogen SynCOR™ technology.
This will be supplied to ExxonMobil’s planned low carbon hydrogen production facility in Baytown, Texas.
ExxonMobil’s low-carbon hydrogen, ammonia, and carbon capture facility is expected to generate up to 1 billion cubic feet of hydrogen... [Read More]
Oil and Gas News
Feb 14, 2023
Pipelines
Hungary plans to cooperate with Croatia to increase the capacity of the Adriatic pipeline that brings non-Russian crude to the country, Reuters reported.
Hungary’s chief of staff Gergely Gulyas said the government had discussed its 2030 energy strategy and this would include enabling Hungarian oil and gas group MOL's Danube refinery to process more non-Russian crude.
Landlocked... [Read More]
Oil and Gas News
Feb 13, 2023
Pipelines
INEOS Olefins Belgium has raised €3.5 billion to support the construction and operation of the most environmentally sustainable cracker in Europe.
This is the largest investment in the European chemical sector for a generation. The plant will have the lowest carbon footprint in Europe, three times lower than the average European steam cracker, and less than half that... [Read More]
Oil and Gas News
Feb 13, 2023
Pipelines
TotalEnergies has announced the start-up of the Deutsche Ostsee LNG import terminal for liquefied natural gas (LNG).
This project will consolidate TotalEnergies' position as the world's third largest LNG player and Europe's leading regasification player.
Located on the Baltic Sea coast in northeast Germany, the Port of Lubmin took delivery of the country's first floating... [Read More]
Oil and Gas News
Feb 9, 2023
Other
WSG Industrial Services (WSG) has extended its reach into the European gas and petrochemicals sector with the acquisition of French company Nitrovia.
Nitrovia, based near Aix-en-Provence, provides a full range of services to the petrochemical, refineries and pipeline industries and has experienced strong growth since its inception by the Air Flow Group in October 2020.
WSG... [Read More]
Oil and Gas News
Feb 8, 2023
Other
Evides Industriewater will supply demiwater for Shell's green hydrogen plant over the next 15 years.
Ruben van Grinsven, general manager Integrated Hydrogen Projects of Shell and Annette Ottolini, managing director of Evides Waterbedrijf, signed the supply agreement.
Part of the agreement is the construction of a new demiwater pipeline to the hydrogen plant at the... [Read More]
Oil and Gas News
Feb 8, 2023
Other
Oil and gas giant bp has recorded annual profits of $27.7 billion (€25 billion).
The company's profits more than doubled last year as energy prices soared after Russia invaded Ukraine.
Shell also recorded record-breaking profits last week.
BP boss Bernard Looney said the British company was “helping provide the energy the world needs” while investing the transition... [Read More]
Oil and Gas News
Feb 8, 2023
Pipelines
Linde has signed a long-term agreement to supply clean hydrogen and other industrial gases to OCI’s new world-scale blue ammonia plant in Beaumont, Texas.
Linde will build, own and operate an on-site complex which will include autothermal reforming with carbon capture, plus a large air separation plant.
The new complex will be integrated into Linde’s extensive Gulf... [Read More]
Oil and Gas News
Feb 7, 2023
Pumps
Circular Fuels has submitted formal planning permission plans for their first £150m waste-to-DME production plant at Teesworks, the UK’s largest and most connected industrial zone.
renewable & recycled carbon DME is a sustainable, cost-effective and clean burning fuel that can help decarbonise liquefied petroleum gas (LPG) industry and off-grid energy sectors.
Once... [Read More]
Oil and Gas News
Feb 6, 2023
Pipelines
INEOS Inovyn and Statkraft have renewed their long-standing partnership in Norway by signing two new long-term power agreements to supply renewable energy for the Rafnes and Porsgrunn sites.
The first agreement effectively replaces the site’s existing power contract, which will expire in May.
It covers a capacity of 100 MW for an annual renewable energy production... [Read More]
Oil and Gas News
Feb 2, 2023
Other
Shell has announced record annual profits after energy prices surged last year after Russia's invasion of Ukraine.
Profits hit $39.9 billion (€35 billion) in 2022, which is the highest in its 115-year history.
Energy firms have been making record profits after oil and gas prices jumped following the invasion of Ukraine.
Oil and gas prices had begun to rise after the... [Read More]
Oil and Gas News
Feb 2, 2023
Other
KP Engineering (KPE), a leader in the design and execution of customised EPC solutions for the refining, syngas, hydrogen and renewable fuels industries, has announced the completed acquisition of its assets by The Shaw Group (Shaw), a leader in global pipe and module fabrication.
This strategic acquisition will further enable Shaw to deliver complete engineering, procurement,... [Read More]
Oil and Gas News
Jan 31, 2023
Valves
Emerson is set to build a new manufacturing hub at the King Salman Energy Park (SPARK) in Saudi Arabia.
The facility will be one of the largest investments in the Middle East and Africa region for the company.
The plant, which is expected to open by December next year, will provide industrial customers in the region with services for control systems engineering, staging... [Read More]
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